Product Details

• Amazon Sales Rank: #1420 in Books
• Published on: 2007-05-03
• Binding: Paperback
• 256 pages

Synopsis
What happens when there is almost unlimited choice? When everything becomes available to everyone? And when the combined value of the millions of items that only sell in small quantities equals or even exceeds the value of a handful of best-sellers? In this ground-breaking book, Chris Anderson shows that the future of business does not lie in hits - the high-volume end of a traditional demand curve - but in what used to be regarded as misses - the endlessly long tail of that same curve. As our world is transformed by the Internet and the near infinite choice it offers consumers, so traditional business models are being overturned and new truths revealed about what consumers want and how they want to get it. Chris Anderson first explored the Long Tail in an article in "Wired" magazine that has become one of the most influential business essays of our time. Now, in this eagerly anticipated book, he takes a closer look at the new economics of the Internet age, showing where business is going and exploring the huge opportunities that exist: for new producers, new e-tailers, and new tastemakers.

He demonstrates how long tail economics apply to industries ranging from the toy business to advertising to kitchen appliances. He sets down the rules for operating in a long tail economy. And he provides a glimpse of a future that's already here.

From the Publisher
The new economics of culture and commerce

From the Back Cover
With his brilliant theory of the Long Tail - a powerful new economic force in a world where the internet allows access to almost unlimited choice - Chris Anderson has identified an important truth about our economy and culture: that the future does not lie in hits - the high-volume end of a traditional demand curve - but in what used to be regarded as misses - the curve's endlessly long tail.

In this expanded and updated edition, published for the first time in paperback, he examines how niche interests, which make up the millions of misses, have come together in a global network, stimulating innovation on an unprecedented scale. The result, he argues, is a cultural richness in which enthusiasms previously dismissed as `minority' thrive and everybody everywhere can find something to their taste.

`A smart, timely and oddly inspiring book.' - Time Out

'It's the Big Idea of 2006.' - GQ

`The Long Tail is an eloquent exposition of a simple idea, but one that has huge ramifications for our media and culture if followed to its logical conclusions.' - Guardian Media

'Each year produces a book that captures the Zeitgeist... This year Chris Anderson's The Long Tail has helped to reinterpret our world.' - The Times

`…snappily argued and thought-provoking.' - New Yorker

Customer Reviews

Simple but infectious
Overall I really liked The Long Tail, I found it very interesting, well written and easy to read. The only slight criticism I have, which is the reason for the 4 star rating, is that is does feel as though it could have been shortened a little without losing any of the content.

The overarching idea of the book is that if you can drive down the costs of producing, distributing and finding content, people will start to move away from "hit-driven" mass-market content and start to find a world filled with niches that fill their desires more completely. It's not a particularly complex idea but it has some interesting potential consequences, as highlighted throughout the book.

Whether or not you should completely buy into this, or how far you may see it changing the way people find and consume things such as music and entertainment, is open to debate. What I can say is that since reading the book I have begun to notice elements of the Long Tail in action in many different places.

Uneven
Thought-provoking from both a cultural and commercial point of view, but it goes on a bit! Would have been better at half the length.

Simple, Smart Premise No Longer Ignored
"The Long Tail: How Endless Choice Is Creating Unlimited Demand" by Chris Anderson claims that thar's gold in them thar hills. He tells us it is not a few big chunks we want, but many small nuggets.

Modern examples are Amazon.com and NetFlix, both of which sell plenty of Harry Potter products and the like. They also (or rent, as is with NetFlix) lots of less popular products. They hit the niche market hard. That's the gold.

The long tail is the curve's far end. At the top of the curve is Harry Potter, for example, along with other New York Times Bestsellers. These products certainly represent a significant amount of sales. However, so do the accumulated number of books and movies which might sell only a few copies a year. Add those up, and there is serious profit. While the tail in the curve is not high, it is long. One copy of, say. The Love, a Hungarian film, and one copy of The Very Best of Ralph Stanley, a bluegrass CD, might not sound like much, but the tail is long. Those, with thousands of other products sold each month, would make their seller very happy.

My own business is built on a long tail method. The market for Hungarian products is not like the Billboard Top 40. It is like the Billboard Bottom 20,000, if there were such a thing. It works.

Anderson's principles can be applied by small businesses like mine, and massive Fortune 500s looking to reach where few are reaching. The markets are there, and, by considering Anderson's ideas, so is the process.

I fully recommend "The Long Tail: How Endless Choice Is Creating Unlimited Demand" by Chris Anderson.

Anthony Trendl
editor, HungarianBookstore.com